(Image courtesy of Airbus.)
The world’s passenger fleet will more than double to 48,000 aircraft in 20 years with traffic growing at a rate of 4.4 percent per year, driving a need for 37,390 new passenger and freighter aircraft. That’s according to Airbus’ new Global Market Forecast 2018-2037.
Growth drivers include private consumption increasing 2.4 times in emerging economies, higher disposable incomes and a near doubling of the middle classes globally. Emerging countries…
Source URL: Can We Manufacture 37,000 New Aircraft Over the Next 20 Years?
Source Website: Advance Engineering – Engineering.com